Crypto Contest May 16: Ignore Fud

Ignore Fud (ArcherSwap: 4TOKENUSD) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, 4TOKEN began a red wave one advance on April 5. The red wave one peaked on April 19 and the red wave two correction ended on April 24. The red wave three finished on May 5 and the red wave four correction ended on May 8. If this wave count is correct, 4TOKEN should be heading next towards the May 5 peak in the red wave five.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Ignore Fud is a meme token that supports DeFi and Blockchain innovations. You can watch their intro video below.

(Sources: https://4ignorefud.com/)

How Will Ignore Fud Trade?

Ignore Fud (ArcherSwap: 4TOKENUSD) daily chart by Tradingview.

(Chart courtesy of Tradingview.com(log scale))

Prizes

I will be giving upvotes to the correct answers (posts only).

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below

4TOKEN will takeout the May 5 peak

4TOKEN will drop below the April 24 low

4TOKEN will stay in a trading range between the April 24 low and the May 5 peak until June 21